Friday, October 20, 2006

Troops' Debt a Growing Security Concern

The Pentagon contends financial problems can distract personnel from their duties or make them vulnerable to bribery and treason. As a result, those who fall heavily into debt can be stripped of the security clearances they need to go overseas.

9 comments:

Anonymous said...

The same goes for many industries.

So, what is the point of this posting? Are you trying to blame Rumsfeld? Neocons? Bush?

Able Danger

Anonymous said...

The article presents a vitial statistic to the assumption: eligiblity has risen ninefold since 2003 to 2005.

Later in the article, it continues with the statement from Navy Capt. Mark D. Patton "There are folks who find ways of avoiding being deployed, as there always will be, but I've never seen any do it through finances."

Then alluding to the prolific cropping of high-interest quick loans stores near domestic bases that drew a thread into the needle of zero-interest emergency loans handed out by Uncle Sammy.

What would the fine print of such a contract lean?

Rubens Barrichello

Anonymous said...

Lien

Anonymous said...

Big Dog, if Bush was actually a conservative, he would have cut federal income taxes so much that we could afford life AND savings. So, partially, it is Bush's fault.

Mike

Anonymous said...

Big Dog, I agree with your previous claims; however, I don't think you can disagree with the fact that lower taxes/higher incomes would help those folks. A tax cut is a pay raise.

I will now pose a question directly to you, Big Dog, as you are my elder. The blog administrator frequently talks about public financing. Why is it that he does not see public financing as government theft? Why does he not see that public financing equals government theft? It is equivalent to a bank robbery of each of our accounts/time/money/work/life. I guess that would make MTJ a freeze-this-is-a-stick-up democrat.

Mike

Anonymous said...

"Minimum wages can have a more insidious effect. In research for my book "South Africa's War Against Capitalism" (1989), I found that during South Africa's apartheid era, racist unions, who'd never admit blacks, were the major supporters of higher minimum wages for blacks.

Gert Beetge, secretary of South Africa's avowedly racist Building Worker's Union, in response to contractors hiring black workers, said, "There is no job reservation left in the building industry, and in the circumstances I support the rate-for-the-job [minimum wages] as the second best way of protecting our white artisans." Racists recognized the discriminatory effects of mandated minimum wages."

http://www.townhall.com/columnists/WalterEWilliams/2006/04/26/minimum_wage,_maximum_folly

Mike

Anonymous said...

Ford posts its largest loss ever and the stock market still hits all-time highs. Gosh, I wonder if the unions will just break Ford. Oh, wait, they already have.

Mike...Ben didn't marry the mother of his child

Anonymous said...

You guys are kidding, right?

I dont know maybe instead of giving some the GI Bill they could put it toward some of their credit score.

Anonymous said...

You know I love this